BNP Paribas (France) Technical Analysis
| EEMU Etf | EUR 14.45 0.01 0.07% |
As of the 18th of April 2024, BNP Paribas shows the mean deviation of 0.4771, and Risk Adjusted Performance of 0.1226. BNP Paribas Easy technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the entity's future prices. Put another way, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for BNP Paribas Easy, which can be compared to its peers. Please confirm BNP Paribas Easy jensen alpha, maximum drawdown, and the relationship between the information ratio and treynor ratio to decide if BNP Paribas Easy is priced favorably, providing market reflects its regular price of 14.45 per share.
BNP Paribas Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as BNP, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BNPBNP |
BNP Paribas technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
BNP Paribas Easy Technical Analysis
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of BNP Paribas Easy volatility. High ATR values indicate high volatility, and low values indicate low volatility.
BNP Paribas Easy Trend Analysis
Use this graph to draw trend lines for BNP Paribas Easy. You can use it to identify possible trend reversals for BNP Paribas as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual BNP Paribas price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.BNP Paribas Best Fit Change Line
The following chart estimates an ordinary least squares regression model for BNP Paribas Easy applied against its price change over selected period. The best fit line has a slop of 0.02 , which means BNP Paribas Easy will continue generating value for investors. It has 122 observation points and a regression sum of squares at 15.07, which is the sum of squared deviations for the predicted BNP Paribas price change compared to its average price change.About BNP Paribas Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of BNP Paribas Easy on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of BNP Paribas Easy based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on BNP Paribas Easy price pattern first instead of the macroeconomic environment surrounding BNP Paribas Easy. By analyzing BNP Paribas's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of BNP Paribas's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to BNP Paribas specific price patterns or momentum indicators. Please read more on our technical analysis page.
BNP Paribas April 18, 2024 Technical Indicators
Most technical analysis of BNP help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for BNP from various momentum indicators to cycle indicators. When you analyze BNP charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1226 | |||
| Market Risk Adjusted Performance | 0.5946 | |||
| Mean Deviation | 0.4771 | |||
| Semi Deviation | 0.3422 | |||
| Downside Deviation | 0.5135 | |||
| Coefficient Of Variation | 512.58 | |||
| Standard Deviation | 0.6071 | |||
| Variance | 0.3686 | |||
| Information Ratio | 0.1037 | |||
| Jensen Alpha | 0.1 | |||
| Total Risk Alpha | 0.0646 | |||
| Sortino Ratio | 0.1226 | |||
| Treynor Ratio | 0.5846 | |||
| Maximum Drawdown | 3.17 | |||
| Value At Risk | (0.89) | |||
| Potential Upside | 1.14 | |||
| Downside Variance | 0.2637 | |||
| Semi Variance | 0.1171 | |||
| Expected Short fall | (0.57) | |||
| Skewness | 0.3658 | |||
| Kurtosis | 0.5157 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in BNP Paribas Easy. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.